We use cookies to customise content for your subscription and for analytics.If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.

Trans atlantic Trade and Investment Partnership (TTIP) update

The seventh round of U.S.-EU negotiations on the Transatlantic Trade and Investment Partnership (TTIP) took place in Chevy Chase, Maryland from September 29-October 3, 2014. At the mid-point of negotiations, on October 1, U.S. and EU negotiators hosted a stakeholder forum to receive input from and provide an update to all interested stakeholders on the status of the negotiations, as well as to provide an opportunity for stakeholders to raise questions.

Negotiations focused on services and U.S. Chief Trade Negotiator Dan Mullaney stated that negotiating teams were moving from general discussions to analyzing the many proposals that have been submitted to date. He described this as important “spade work,” not the exciting or headline-generating type, but nevertheless necessary to build a foundation for the agreement. He emphasized that the focus remains on eliminating tariffs and removing non-tariff barriers, while at the same time maintaining shared values and high standards.

Negotiators reported that they were not fatigued, but acknowledged that much work still needs to be done. In terms of projecting a conclusion to negotiations, both Chief Negotiators indicated that substance will drive time.

The next negotiating round will be held in Brussels, but the date is not yet known. A post-negotiation round press conference held by the U.S. and EU Chief Trade Negotiators is posted on USTR’s website, click here to view.